Business: Cotton

This has been too good a year for cotton growing—from the viewpoint of the grower. There are 47,207,000 acres to be harvested and each acre is yielding on the average 168.4 Ib. of lint cotton, whereas last year the acre yield was 167.2 Ib. The crop promises to yield a total of 16,627,000 bales of 500 Ib. gross weight each. The price of cotton has fallen below 14c a Ib. and the growers are in a knot of nervous anxiety.

What to do? To restrict the crop artificially, to dump bales from

New Orleans...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!